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Fincash » Mutual Funds » IDFC Tax Advantage ELSS Fund

IDFC Tax Advantage (ELSS) Fund - G

NAV  ₹98.588 ↓ -1.52  (-1.51 %) as on 27 Jan 23

Scheme Objective

The investment objective of the Scheme is to seek to generate long term capital growth from a diversified portfolio of predominantly equity and equity related securities. There can be no assurance that the investment objective of the scheme will be realised.

IDFC Tax Advantage (ELSS) Fund is a Equity - ELSS fund launched on 26 Dec 08. It is a fund with Moderately High risk and has given a CAGR return of 17.6% since its launch.  Ranked 3 in ELSS category.  Return for 2022 was 4.2% , 2021 was 49.2% and 2020 was 18.7% .

Below is the key information for IDFC Tax Advantage (ELSS) Fund

NAV as on 27 Jan 23₹98.588 ↓ -1.52  (-1.51 %)
Net Assets (AUM) as on 31 Dec 2022 ₹4,026 Cr.
Launch Date26 Dec 2008
CategoryEquity - ELSS
Rating
TypeOpen Ended Fund
RiskModerately High
AMCIDFC Asset Management Company Limited
Alpha Ratio-0.51
Expense Ratio1.95 %
Sharpe Ratio0.027
Information Ratio0.72
BenchmarkNot Available
Min Investment ₹500
Min SIP Investment ₹500
Exit Load NIL

Returns

Annual Compounded Returns

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 27 Jan 23

DurationReturns
1 Month -2.4%
3 Month -2.3%
6 Month 5.3%
1 Year 2.6%
3 Year 20.1%
5 Year 10%
10 Year
15 Year
Since launch 17.6%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

YearReturns
2022 4.2%
2021 49.2%
2020 18.7%
2019 1.9%
2018 -9.4%
2017 53.4%
2016 0.4%
2015 6.9%
2014 42.2%

Growth of 10k Over Years

DateValue
31 Dec 17₹10,000
31 Dec 18₹9,060
31 Dec 19₹9,236
31 Dec 20₹10,963
31 Dec 21₹16,357
31 Dec 22₹17,044
IDFC Tax Advantage (ELSS) Fund Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash7.42%
Equity92.58%
IDFC Tax Advantage (ELSS) Fund Asset Allocation

Sector Allocation

SectorValue
Financial Services27.43%
Consumer Cyclical15.81%
Industrials11.96%
Basic Materials10.03%
Technology9.87%
Health Care6.4%
Energy3.67%
Consumer Defensive3.24%
Communication Services2.9%
Utility1.26%
IDFC Tax Advantage (ELSS) Fund Equity Allocation

Top Securities Holdings / Portfolio

Holdings/Securities

NameGlobal IndustryHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 31 May 16 | ICICIBANK
Banks - Regional9%₹362 Cr3,800,000
Infosys Ltd (Technology)
Equity, Since 31 Jul 15 | INFY
Information Technology Services5%₹221 Cr1,350,000
↓ -50,000
State Bank of India (Financial Services)
Equity, Since 30 Jun 20 | SBIN
Banks - Regional5%₹211 Cr3,500,000
HDFC Bank Ltd (Financial Services)
Equity, Since 30 Sep 14 | HDFCBANK
Banks - Regional4%₹169 Cr1,050,000
Reliance Industries Ltd (Energy)
Equity, Since 31 Jul 18 | RELIANCE
Oil & Gas Refining & Marketing4%₹150 Cr550,000
Axis Bank Ltd (Financial Services)
Equity, Since 30 Apr 21 | 532215
Banks - Regional3%₹126 Cr1,400,000
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Jan 20 | BHARTIARTL
Telecom Services3%₹119 Cr1,400,000
Tata Motors Ltd (Consumer Cyclical)
Equity, Since 31 May 20 | TATAMOTORS
Auto Manufacturers3%₹114 Cr2,600,000
Mahindra & Mahindra Ltd (Consumer Cyclical)
Equity, Since 31 Jul 20 | M&M
Auto Manufacturers3%₹104 Cr800,000
Jindal Steel & Power Ltd (Basic Materials)
Equity, Since 31 Mar 18 | 532286
Steel2%₹94 Cr1,750,000
↓ -50,000
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Fund Managers

NameSinceTenure
Daylynn Pinto20 Oct 166.2 Yr.

Custodians

CompanyAddress
Deutsche Bank AGDeutsche Bank AG,Kodak House, 22, D.N. Road,

Registrar & Transfer Agent

Computer Age Management Services Ltd
AddressNew No.10, Old No.178,,Kodambakkam High Road,,Opp. Hotel Palmgrove,,Nungambakkam
FAX91-44-28283610
Emailenq_L@camsonline.com

Administrator Companies

CompanyAddress
IDFC Mutual FundTower 1, 6th Floor, One IndiaBulls Centre, 841,Senapati Bapat Marg, Elphinstone Road (West)

Auditors

CompanyAddress
Deloitte Haskins & Sells LLP12, Dr. Annie Besant Road, Opp. Shiv Sagar Estate,,Worli

All Plan & Options

Fund and PlanNAV6 Month1 Year3 Year5 Year
IDFC Tax Advantage (ELSS) Fund
Growth
₹98.588
↓ -1.52
5.32 %2.6 %20.13 %10.04 %
IDFC Tax Advantage (ELSS) Fund
Normal Dividend, Payout
₹26.022
↓ -0.40
5.09 %2.41 %19.95 %9.13 %
Data as on 27 Jan 23

Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data.